And it's sounding like Wilmer will be making his directorial debut with this new flick as well! He talked about it recently, spilling a few beans, saying:

"I won't be able to [shoot] it this year because this year's pretty much gone with my schedule but early next year, I'll probably be directing my first big film. I'm going to be in it as well. When I did Larry Crowne and I saw that Tom Hanks could direct, produce, write and star in a movie all at the same time, he kind of gave me hope that it was possible for me to do, too. It's all about scheduling, management of your time and having good partners who will tell you when your take sucks."

And here's the best MAYBE of the entire thing: Demi will likely do the soundtrack! Mr. Valderrama revealed: